ELASTICITY COEFFICIENT FOR ELASTIC DEMAND IS  aEQUAL TO 1 bLESS THAN 1 cGREATER THAN 1 dNONE OF THE ABOVE

The elasticity coefficient for elastic demand is cGREATER THAN 1.

Here's why:

Elasticity of demand measures how demand for a product changes in response to a change in price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price.

If the elasticity coefficient is greater than 1, demand is considered elastic. This means that consumers are highly responsive to changes in price. If the price goes up, consumers will buy a lot less of the product, and if the price goes down, consumers will buy a lot more.

On the other hand, if the elasticity coefficient is less than 1, demand is considered inelastic. This means that consumers are not very responsive to changes in price.

If the elasticity coefficient is exactly 1, demand is considered unit elastic. This means that the percentage change in quantity demanded is exactly equal to the percentage change in price.

So, in the context of your question, the correct answer is cGREATER THAN 1.